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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: Re: More bad(civil unrest)/good(oil prices) news

Hi Dave

I wouldn't buy either right now and certainly with CLL you never know.But like I posted we probably will stay around this level for a while and then start the next leg up.But I also will get out of the markets before summer season.i don't think we'll see a drop right now because many company reports are not that bad same for economic data.However if crude stays that high or even higher in the fall this could bring pressure again on markets.

CLL is a strange stock .Now that markets jumps up again due to better labour figures CLL drops .But I believe trend will last like you posted for April till May perhaps.


Mar 03, 2011 05:02PM
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